Columbia Threadneedle Investments confirms completion of the acquisition of Bank of Montreal’s EMEA Asset Management business
Following the announcement on 12 April 2021, regarding Ameriprise Financial’s proposed acquisition of BMO’s EMEA Asset Management business (BMO GAM (EMEA)), Columbia Threadneedle confirmed that this acquisition completed on the 8th November 2021.
There is no impact to your Company’s manager, which remains BMO GAM (EMEA), the only difference being it is now part of Columbia Threadneedle Investments, which is the global asset management business of Ameriprise Financial Inc. As previously stated, Columbia Threadneedle confirmed the importance of maintaining the stability and continuity of the teams which presently support your Company.
Your Board welcomes this news and remains focused, as always, on ensuring the delivery of the highest levels of performance and standards of service for our shareholders as the new relationship develops.
Chairman, Jonathan Cartwright